That is helpful to know that you didn’t have trouble getting financing but the timeline was extended.

But waiting for an extended period of time could also result in a higher interest rate so it will be a calculated risk.

Does the lease extend beyond the time your wife needs to recover?

It's hard enough as it is to put larger deals and capital together let alone limiting that to the same 10 near-equal partners...and at any level of scale or over extended time periods.I know sponsors who work with small investor databases but it's still clearly a syndication with active and passive roles and equity splits that vary from capital contributions.

This same concept extends to other assets like real estate.

Each year the contract has been extended.

He is still in denial and hopes for a miracle, such as eventually selling it much higher than the market supports.You have two options at this juncture: extend your loan for a longer period or foreclose.

The seller refused to extend the closing day.

Maybe extend for 1 month through July so they can find a home or they sign a 12 month lease at the new rent rate.

Fortunately most of these have been less than 5 years and if not over extended is not a large concern to long-term buy n hold.